3261 articles tagged with this keyword
Company update/Mergers and acquisitions
Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that it has entered into an agreement to acquire TMC Bonds LLC for $685 million in cash.
29 May 2018
SIA, a European high-tech leader in payment infrastructure and services, and First Data Corporation (NYSE: FDC), a global leader in commerce-enabling technology, have signed an agreement for SIA to acquire First Data’s card processing businesses in parts of Central and Southeastern Europe for €375 million.
24 May 2018
News/Mergers and acquisitions
San Diego-based digital identity and verification firm Mitek Systems has bought French AI and image analysis specialist A2iA for EUR42.5 million in cash and shares.
Asset management house Schroders is taking a minority equity stake in Singapore-based digital wealth services outfit WeInvest. Terms of the deal, set to be completed in June, have not been disclosed.
Adobe (Nasdaq:ADBE) today announced it has entered into a definitive agreement to acquire Magento Commerce, a market-leading commerce platform, for $1.68 billion, subject to customary purchase price adjustments.
22 May 2018
Hampleton Partners, the international technology M&A advisor, has appointed Mike Woods as Fintech sector principal to increase its expertise and exposure in one of the most active and highly-valued areas of the market.
IHS Markit is to acquire rival financial data firm Ipreo for $1.855 billion from private equity funds managed by Blackstone and the Goldman Sachs Merchant Banking Division.
21 May 2018
Sageworks, an old-school fintech that provides lending, credit risk and portfolio risk technology to US financial institutions, has been acquired by private equity firm Accel-KKR. Financial terms were not disclosed.
18 May 2018
PayPal has reached an agreement to acquire Stockholm-based iZettle in an all-cash deal valued at $2.2 billion, it's biggest ever transaction in a dynamic and fluctuating payments environment.
Palette Software, a market-leading vendor for financial process automation, has today announced the acquisition of software-as-a-service (SaaS) invoice automation specialist Centsoft.
17 May 2018
Singapore's DBS has joined in a US$85 million funding round in classified ads marketplace Carousell as a prelude to offering financial products and payment services over the platform.
16 May 2018
Deutsche Bank has acquired Mumbai-based startup Quantiguous Solutions to help build an Open Banking platform connecting corporate clients to third party partners and its global transaction banking franchise.
15 May 2018
Wordline is to acquire the payments service business of Switzerland's SIX Group in a deal which values the cards unit at $2.75 billion.
Startups are formed for many reasons — sometimes it is because there is a challenge that needs to be tackled, and it requires a scrappy little startup to prove that we can make a difference.
11 May 2018
Broadridge Financial Solutions, Inc. (NYSE:BR), a global fintech leader, has completed the acquisition of FundAssist Limited, a regulatory, marketing and sales solutions service provider to the global investments industry.
09 May 2018
Clydesdale Bank and Yorkshire Bank has made a £1.6 billion takeover offer for Virgin Money in a move which may herald a shake-up of the UK's challenger bank market.
08 May 2018
Cathay Capital and Bpifrance today announced that they have signed an agreement to acquire a majority stake in global financial software company NeoXam from BlackFin Capital Partners.
04 May 2018
Elixirr has acquired specialist regulatory and governance consultancy Medius, to further enhance its financial services business.
03 May 2018
The shareholders of Oanda Global Corporation (“OANDA”) have announced that they have accepted an offer from a wholly owned subsidiary of CVC Capital Partners (“CVC”) Asia Fund IV to acquire all of the outstanding equity of OANDA. The transaction is subject to customary regulatory approvals.
02 May 2018
Financial Engines (NASDAQ:FNGN), America’s largest independent investment advisor1, today announced that it has signed a definitive agreement to be acquired by funds affiliated with Hellman & Friedman (“H&F”) in an all-cash transaction that values Financial Engines at an aggregate value of approximately $3.02 billion.
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